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Canada office insights
Office tenant demand is strong in Alberta and Halifax but large eastern cities struggle to gain momentum
Canada industrial insights
Under construction space continued to decline from over 52 million s.f. in 2023 to only 25.1 million s.f. in Q1 while tariff uncertainty may continue to push construction lower.
JLL completes historic sale of 1.2M SF Molson District in Montreal
Iconic site of North America’s oldest brewery sold to Groupe Sélection, Groupe Montoni and Fonds immobilier de solidarité FTQ
As the case for clean energy takes precedence, wavering regulations and costs continue to create obstacles.
Organizations are beginning to use buildings to do good
More urban areas are going into energy-saving mode for environmental and financial reasons
Companies are reshoring and diversifying their manufacturing operations to address supply chain issues, bolstering industrial real estate demand.
Incentives and legislation push for sustainability in both new and older buildings
The built environment has work to do to be part of a net zero future
New and existing cities need to manage climate risks for fast-growing populations
Green certifications are becoming a norm in logistics amid pressure from investors and occupiers
A sustainability mindset is increasingly prevalent at the construction stage in logistics
There are clean energy solutions available to green the last mile, but hurdles remain
Many companies have committed to net zero emissions, but a say-do gap is slowing the process
Sustainability leaders are planning to incorporate social impact clauses in green leases